Plexus Holdings

Plexus and Cameron enter into Jack-Up Exploration (Adjustable) Wellhead Agreements Plexus, the AIM quoted oil and gas engineering services business, is pleased to announce that it has entered into Cooperation Agreements with Cameron, which will result in a commercial opportunity by enabling Plexus to return to the Jack-Up Exploration (Adjustable) Wellhead …

Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces its interim results for the six months to 31 December 2019. Financial Results  Following the sale of the wellhead Jack-up exploration application business (the “Jack-up Business”) to …

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, is pleased to announce that its Russian licensee, LLC Gusar (‘Gusar’), has placed an order for an additional set of POS-GRIP® exploration rental jack-up drilling wellhead equipment. …

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP method of engineering, is pleased to announce that its POS-GRIP “HG” Sealing system successfully completed an extreme temperature test verification programme from -75 to +400 °F (equivalent to -59 to + 204 …

Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces its preliminary results for the year ending 30 June 2019. Financial and Corporate Overview Following the completion on 1 February 2018 of the sale of Plexus’ wellhead …

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, is pleased to announce that its Russian licensee LLC Gusar (‘Gusar’), has successfully installed the first wellhead for Gazprom as part of the previously announced contract to …

Formation of a joint venture (‘JV’) to enable Plexus to offer oil and gas operators a full package of extensively field proven and highly qualified Plexus surface xmas trees and valves, together with its POS-GRIP® “HG” production wellhead systems The JV, Plexus Pressure Control Limited (‘PPC’), will supply Plexus with …

Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces its interim results for the six months to 31 December 2018. Financial Results  Following the sale of the wellhead Jack-up exploration application business (the “Jack-up Business”) to …

First major contract for POS-GRIP rental exploration wellhead equipment secured by Russian licensing partner with global energy giant Gazprom Covers the first year of a five-year jack-up gas exploration drilling programme which provides additional revenue stream for Plexus under existing Licence Agreement Breakthrough order in what is a key market …

Highlights Investment of £735,000 in cash to acquire a 49% interest in Kincardine Manufacturing Services Limited (‘KMS’), a specialist precision engineering business with a blue-chip customer base, producing a variety of parts for the oil and gas sectors KMS provides Plexus with future access to machining capability which can support …